Wednesday, September 22, 2010

Outlook For French Banks Changed To Stable From Negative; “According to Moody's

French banks - Outlook For French Banks Changed To Stable From Negative; “According to Moody's new Banking System Outlook on France, the structural characteristics of the country's banks have contributed to their resilience during the crisis by helping them absorb losses and withstand related shocks. Moody's decision to change the outlook on French banks reflects its view that these factors provide a sound foundation for a more stable performance in the future”